3 BOOKS FOR INVESTING BEGINNERS

Having a good investment knowledge base will be one of the favorable conditions to support your investments and help you become a successful investor. So What knowledge is required for investing? Here are 3 books for investing beginners. 

1- How to Make Money in Stocks (by William O'Neil)

“How to Make Money in Stocks” is a classic book that every investor should read, since it was first released in 1988 it has sold 2 million copies and been translated into many languages ​​around the world.

3 Books For Investing Beginners / ph: Amazon 

Experiencing all types of markets, William J. O'Neil's best-selling book - “How to Make Money in Stocks” has provided the secret to success for more than 2 million investors.  O'Neil's CAN SLIM investment system has been proven in practice for its ability to minimize risk and maximize returns.  Results from American Association of Individual Investors' 12-year study of the 50 best investment strategies, show that O'Neil's CANSLIM system is the top performer.  CANSLIM offers a yield of 2,763.3% over 12 years compared to 14.9% for the S&P 500. CANSLIM is considered one of the best investment systems.  The book is suitable for those who are just starting to learn technical and fundamental analysis.

2- Japanese Candlestick Charting Techniques (by Steve Nison)

Once involved in the stock market, it is very important to understand the trading system and investment models.  One of the best investment models, but also the most mysterious for investors is the Japanese candlestick chart.  This method was only revealed in detail until the author Steve Nison published the book “Japanese Candlestick Charting Techniques”.

The “Japanese Candlestick Charting Techniques” book analyzes Japanese candlestick pattern - which is considered the key of Japanese chart analysis.  This is inherently an unrevealed mystery of Japan.

In the 1700s, a Japanese named Munehisa Homma developed a model for analyzing transaction prices.  After hundreds of years of formation and development, this pattern has become a technical analysis system and method called Japanese Candlestick Charting.

The Japanese Candlestick Charting fully expresses 4 important factors in a trading session including: opening price, closing price, highest price and lowest price.

The book “Japanese Candlestick Charting Techniques” will help you read and understand the Japanese candlestick chart, and most importantly, apply the observations from the Japanese candlestick chart to your investment and get profits.

3- The Dhandho Investor: The Low-Risk Value Method to High Returns (by Mohnish Pabrai)

Besides the Hebrews, the Patels are also world-renowned for their world-class business minds.  They are an Indian minority who immigrated to the US in the second half of the 20th century but hold a 50% share of the motel business in the United States, businessman Richard Branson has had great success with the Virgin corporation or Indian steel king Lakshmi Mittal with an unbeatable position in his field.

The book “The Dhandho Investor” by Mohnish Pabrai will explain to us the secret behind the successful investments of Patel investors which is known as the Dhandho investment art.

“The Dhandho Investor” book shares investment secrets that are philosophical but have very wide applicability.  We can apply these philosophies to stocks and real estate investing as well.  The book synthesizes investment principles, buying and selling rules and lessons that the author has learned after participating in the market.

3 BOOKS FOR INVESTING BEGINNERS